Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609260
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹1,00,000
EMD:₹10,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2023-11-24
Property Description
A prime plot of land located in the city of Vidisha, Madhya Pradesh. This residential plot offers a fantastic opportunity for development or investment in a growing area. The property is being auctioned by Phoenix ARC Private Limited. Situated in Vidisha, the plot benefits from its location within a well-established region. Ideal for those looking to build their dream home or invest in real estate.
State:Madhya Pradesh
City:Vidisha
Area:Vidisha
Asset Category:Residential
Full Address:110, Gram Berkheda Tehsil Gulab Ganjgulab Ganj Vidisha Mohangin Vidisha, Vidisha, Vidisha
Auction Description
Phoenix ARC Private Limited presents a SARFAESI auction for a residential plot in Vidisha, Madhya Pradesh. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this plot is ₹100,000, with an Earnest Money Deposit (EMD) of ₹10,000 required. This is a significant opportunity to acquire property in Vidisha through a transparent bank auction process.
Borrower Name:Mohan Ramcharan Sharma
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Vidisha presents a calculated opportunity due to its location and low reserve price. While it's a land asset, the specific development potential and market demand in Vidisha need careful evaluation. The relatively low EMD makes it accessible, but thorough due diligence is essential before bidding.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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